Any bets on revenue decline? I think an increase in revenue unlikely but what do you think?
7 replies (most recent on top)
No matter what it is, they will ultimately engage in some type “creative financing” aka cook the books to ensure they meet the criteria of their bonus packages.
Machines in field keep declining at an alarming rate (MIF).This is their customer base.The only offset to this has been to layoff or outsource ..Expect no changes to what has been a depressing situation.
Even if it’s a minus 4% that’s no reason to buy into a company with no forward growth strategy other than “tech powerhouse” which even Vas---ne has stated he doesn’t know what that means. But the market is hidden from that reality - symptomatic of public traded corps run by those whose only objective is a sale.
Advice to anyone in Raleigh or Cary looking for a job at Xerox - think carefully and research events for the last few years at XRX and then ask yourself if stability is important to you.
I suspect it won't be the normal 7% down, they had so many spiffs and specials Q3 might be half decent, but it will just make the bottom line and Q4 worse.
my prediction is a 7.2% decline over last year
Xerox has averaged 7-10 percent revenue declines for 3+ years so just make a guess that it will continue well into the future unabated.
Short memory? John V told investors we would continue to see revenue declines in 2019.